Best SBA Lenders in Glenview, IL (2026)
2025 FOIA data: top lenders, rates & industries for Glenview SBA loans
SBA Loans in Glenview, Illinois
Looking for an SBA loan in Glenview, Illinois? Based on 2025 FOIA data, 29 SBA 7(a) loans were funded in Glenview totaling $16.8M, supporting an estimated 222 jobs. With 14 active lenders competing for business in the Glenview market, comparing offers is essential to getting the best rate and terms.
The average SBA loan in Glenview is $580K at an average rate of 10.19%. The top lender in Glenview is The Huntington National Bank, with the most-funded industry being Optical Goods Stores. See all Illinois SBA lenders for statewide rankings.
SBA Loans in Glenview by Business Type
Whether you’re starting a new business in Glenview, buying an existing one, or expanding your current operation, here’s how SBA lending breaks down in your market:
Startups represent 20% of SBA loans in Glenview (5 loans funded in 2025), which tells you how comfortable local lenders are funding new ventures without established operating history. Business acquisitions account for 62% (7 loans) — if you’re looking to buy a business in Glenview, this is a proven use case for SBA financing. Existing businesses make up 16% and typically receive the most favorable terms.
Top SBA Lenders in Glenview, IL (2025 Data)
The table below ranks every SBA 7(a) lender that funded loans to Glenview businesses in 2025, ordered by total dollar volume. This data comes directly from SBA FOIA records:
| # | Lender | Volume | Loans | Avg Rate |
|---|---|---|---|---|
| 1 | The Huntington National Bank | $7.9M | 9 | 9.5% |
| 2 | Northbrook Bank & Trust Company, National Association | $2.5M | 2 | 7.91% |
| 3 | Merchants Bank of Indiana | $1.9M | 1 | 10% |
| 4 | Northeast Bank | $1.0M | 4 | 11.44% |
| 5 | First Bank of the Lake | $835K | 1 | 10.25% |
| 6 | Newtek Bank, National Association | $715K | 3 | 10.58% |
| 7 | Byline Bank | $600K | 1 | 10.25% |
| 8 | Readycap Lending, LLC | $450K | 1 | 10.25% |
| 9 | PNC Bank, National Association | $220K | 2 | 10.75% |
| 10 | Live Oak Banking Company | $200K | 1 | 10.5% |
The top lenders in Glenview have direct experience with local businesses and understand the Glenview market — commercial real estate values, local industry dynamics, and regional economic conditions. Pay attention to the “Avg Rate” column, as rates vary significantly between lenders. A 0.5-1.0% rate difference on a $500K loan translates to $15,000-$30,000 in savings over the life of the loan.
Don’t limit your search to banks listed above — many national SBA lenders also fund loans in Glenview and may offer better rates. An SBA loan broker like GoSBA gives you access to both local and national lenders with one application.
Get Matched with the Best SBA Lender in Glenview
One 5-minute application. 14+ lenders competing for your deal. GoSBA matches you to the best fit — free, no obligation.
Top Industries Funded in Glenview
These are the industries that received the most SBA 7(a) funding in Glenview in 2025. If your business is in one of these sectors, lenders are already familiar with your business model and may offer faster approvals:
| Industry | Loans | Volume |
|---|---|---|
| Optical Goods Stores | 2 | $4.8M |
| All Other Specialty Trade Contractors | 2 | $2.5M |
| All Other Professional, Scientific, and Technical Services | 2 | $2.5M |
| Sports and Recreation Instruction | 1 | $1.9M |
| Fitness and Recreational Sports Centers | 4 | $1.4M |
| Offices of Dentists | 3 | $648K |
| Snack and Nonalcoholic Beverage Bars | 1 | $600K |
| Other Personal Care Services | 1 | $500K |
| General Medical and Surgical Hospitals | 1 | $498K |
| Home Health Care Services | 1 | $250K |
Lenders with experience funding your specific industry in Glenview understand the local competitive landscape, typical revenue ranges, and seasonal patterns. This familiarity often translates to faster underwriting and more competitive terms. If your industry doesn’t appear above, SBA loans are available for nearly every legal business type — an SBA broker can match you with lenders who specialize in your sector.
How to Get an SBA Loan in Glenview
Option 1: Apply directly to one of the top Glenview lenders listed above. You’ll receive a single quote from one bank.
Option 2: Use an SBA loan broker (recommended). GoSBA Loans submits your application to multiple Glenview-active lenders and national SBA lenders simultaneously. More offers means better rates, faster approvals, and zero cost to you — lenders pay the broker fee.
Frequently Asked Questions
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Data from SBA 7(a) FOIA records, Calendar Year 2025. Visit sba.gov for official info.
